Industry Ventures promoted Ira Simkhovitch and Amir Malayery to managing directors on the secondary funds team, effective last week.
Pacific Current Group and Kudu Investment Management have purchased equal minority stakes in real estate private equity firm Pennybacker Capital.
MFS Investment Management has updated the portfolio management teams for several of its strategies and funds, effective Dec. 31.
A Southeastern pension plan approved the termination of a domestic small- to mid-cap value equity manager last week.
A West Coast water authority made a hire in its investment manager search in October.
EnCap Investments plans to raise $1.5 billion for a new fund that seeks to capitalize on North America’s shift to clean-energy infrastructure, said people familiar with the matter.
A pair of Taft-Hartley plans have issued RFPs seeking open-end core real estate managers.
John Martin has been appointed as a senior advisor at alternative investment firm Victory Park Capital.
The cio of Maine’s employee pension plan has departed.
A Midwestern pension plan approved the liquidation of its real estate fund yesterday.